Thomson Reuters Reviews in Minneapolis-St. Paul, MN Area
Updated Jan 26, 2012 – Reviews are posted anonymously by employees. Ratings are reflective of location and job title.
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Local Company Rating Based on 86 ratings Employees say it's "OK" |
Local
CEO Rating
Based on 38 ratings
CEO |
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Pros
It is a mature selling environment with a great campus. I would recommend it to anyone looking for a sales job
Cons
pay isn't fantastic although it's not bad. it is a huge place to work so you start to feel like a number
Advice to Senior Management
i really don't have any advice to the management, so far i have had a really positive experience
Pros
-flexible hours
-good amount of vacation
-interesting and challenging work available
-great people to work with
-usually good work/life balance
-truly global workplace
Cons
-zero talent development below middle-management levels
-constant re-orgs and accompanying downsizing = low morale (seems like management has forgotten how to do anything besides re-org, there's at least 1-2 major ones per year lately)
-poor communication and sense of direction from upper management
-compensation is low compared to similar work in similar fields
-most management has been around 10+ years, very set in ways and doesn't seem comfortable communicating about or executing changes
-lots of internal bureaucracy at every level
Advice to Senior Management
Better communication about planned large-scale business changes (quite often it seems they have a "grand vision" for plans, but no details...if you have a dept-wide meeting, you better have details to share!).
Also, GET EXCITED about things...seems like the way management presents any changes are always dour and "we hate to do this but we have to" rather than "hey guys, we are going to work on this really awesome thing". (of course, having really awesome things to announce instead of re-orgs or layoffs would be good, too...)
Pros
Innovative, lots of current technology, there is very positive energy about company and people are very experienced and willing to help
Cons
restructuring is really gets in the way of work
majority of management has been employed 15-20 years, really set in their ways
Advice to Senior Management
less micromanaging, trust people they will do their job, provide more direction while restructuring
Pros
Large company with diverse opportunities
Cons
Management is turning Eagan from the HQ of legal to a "site." Purchase of Reuters and subsequent failure of Eikon (rumored to be up to $1B in spend) has driven the org down dramatically and Sr. Mgmt's response is to cut support and services, diminishing client satisfaction, which has large negative effects on retention and pricing power. Consequently, morale is at rock bottom.
Advice to Senior Management
It's not intelligent information, it's high-quality information and software supported by people that customers will pay a premium for.
Pros
The values and open culture of the company make it a very good place to work. The company is not afraid to innovate when needed. There are many learning opportunities. Interaction with co-workers around the globe is something that is deeply emmeshed within the culture. Some groups within the organization are on the cutting edge of technology. The company promotes and encourage diversity and work/life balance.
Cons
There are too many middle managers who are slowing the pace of innovation and are clouding the company's mission statement. Thomson Reuters' values of clarity and agility are not always obvious on a day-to-day basis. Opportunities fo advancement are not always clear. Frequent reorganizations make it sometimes difficult to remain focused.
Advice to Senior Management
Make the company leaner. Reduce complexity in business processes and systems. Remove or retrain unnecessary managers. Adopt a consistent management hierachy across businesses. Increase transparency. Adhere to systematic, disciplined, quatifiable approaches to the development and operations of your businesses and systems.
Pros
Always something new. Lots of problem solving. Good people
Cons
Difficult to work with colleagues remotely. Not the best training
Pros
good work and life balance. interesting projects to work on. massive massive company. relatively good job security. great for new graduates.
Cons
the employee salaries are below market average for information technology. nothing particularly sexy or interesting about the company's products. it's just a job.
Advice to Senior Management
Reach out to employees, customers and community more for answers. We're here to help. Communicate better. It sometimes feels like a black box.
Pros
Very good work atmosphere; Positive attitute; employee treat each other with respect.
Cons
Low pay; Hard to get promoted; Almost no bonuses; Hardly any pay increase.
Advice to Senior Management
Please open your eyes and try to realize how much your employees contribute to your success. Try to appreciate not with only words but with pay. Have some nice Holiday parties so that your employees know that you really appreciate their hard work (like you guys used to) instead of cheese and cracker type cheap parties; it doesn’t cost much and raises employee morals. You have already lost a part of your best employees because you thought that everyone is expendable but guess what you lost your employee loyalty. I really enjoyed working for Thomson Reuters when it used to be Thomson West. I put 45-50 hours per week to my job, because I thought my work was important but I feel now I was never properly appreciated. I got 3 promotions in last 6 months after leaving the Thomson Reuters. So, shame on you!
Pros
Good benefits package, great in allowing flexible schedules including remote work. The people on the same level as myself are great to work with and team oriented.
Cons
Not enough people to do the work. Change is painfully slow and communication could be greatly improved.
Advice to Senior Management
I wish that the top executives were more aware of the level of internal frustration experienced within our division.
Pros
fun people and work environment
great upper management
corporate culture is all about being global
high collaboration initiatives
great internship program
Cons
not a very strong corporate culture, I feel like Thomson Reuters has a potential to make their culture more concrete and that they can do a lot more to make their employees happy and have fun when they comet o work. Sometimes Thomson Reuters can feel like a maze of cubes
Advice to Senior Management
Leadership at Thomson Reuters is great. I loved the managers I had because they were supportive and tried to answer all of the questions as best they could. They are understanding when it comes to work life and they like to be a part of your life so you don't feel uncomfortable when you want time off or help on a task.



